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20121207
20121207
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if the tax cuts are not extended. all of this comes as the first jobs report since the election exceeded expectations. the u.s. economy added some 146,000 jobs last month. that was enough it to drive the unemployment rate down to 7.7%. joining me to talk about all of it, florida congresswoman debbie wasserman schultz and she chairs the democratic national committee. good friday afternoon to you. >> thank you. >> john boehner said today that democrats' plan is to, quote, slow walk our economy to the edge of the fiscal cliff. how do you respond it to that? >> well, that's just utterly preposterous. the republicans right now in the house of representatives have a bill that would extend the middle class tax cuts right away that has passed the senate that they could take up next week when we come back. they could have already taken it up. we have a lot of time, and the republicans refuse to give certainty to the middle class. the president said he'd seen this bill right away, and then the rest of the issues we need to sort out we can hash out over the next few weeks before we reach december 3
election. sort of consolidated his republican conference behind him. david is right, is i think what we know is republicans are willing ultimately, they may not say it today, ultimately before december 31st willing to give, but they have to get something and that something i think winds up being specifics on the entitlement cuts that president obama has laid out or more entitlement cuts, but something. i think john boehner has to go back to his members and say look, president obama won the election, polling suggests we republicans lose if we go over the cliff, and i got this one thing that's going to mitigate your unhappiness over the fact that we're moving up rates on the wealthiest americans. he needs the third part to sell the whole package. >> and david, there is a jobs report today which sort of mixed news for everyone. it's a good number, down to 7.7%, unemployment, 146,000 new jobs added but the downside is that fewer people were in the labor force a lot fewer, because people gave up on even trying. >> i think this is one of the more provocative questions and get to it on sunday,
reason why we are seeing confidence fall. alisyn: do you think the days after a presidential election are normally filled with promise, the promise of better days ahead. there is a high from election? but this with the consumer confidence plunging how do you make sense of it so soon after the elections? >> it was a miserable election. wasn't it. the whole time we had a small conversation. the president ran a pretty negative campaign and didn't win a mandate on big stuff. he did talk about his desire to increase taxes which may go to melissa's point. but after an elect like this. there isn't that goodwill. there isn't that kind of national coming together that you might have seen for, say, bill clinton or ronald reagan and their reelection. people are pretty bummed out. alisyn: tell us what the larger issue is. does this mean people won't be spending as much on christmas gifts in how do it translate to what it means to the economy? >> it's always hard to reconcile how people feel and how they act. we know you may feel like you shouldn't spend a lot of money but when push comes to showf
still need to see the full impact of sandy. also with the election over, there aren't any sort of bigger imt implications for the presidential race. because the numbers are so foggy, the federal reserve isn't likely to look at this number as a real trend maker. the central bank. it's already said it keeps stimulating the economy even after the labor market gets better. we know this isn't likely going to steer the central bank in one direction or another. you flip the coin over, though, you have this people who say this report is very important. it's going to be driving the conversation on the fiscal cliff. we only have 25 days until the tax hikes and spending cuts start to take effect. here is the thing. this number came in much better than expected, don. so the bad part about this is that it may not motivate all those politicians on capitol hill as much as it may have, if it came in much weak er. this may not light the fire, so to speak. that could be the downside to the upside surprise to the number. don? >> alison, stick around. we'll get back to you as well. >>> from wall street now
reaction? >> i think that's reckless talk. >> you said before the election you would be able to prevent tax hikes on all americans said flatly taxes are not going up. do you still believe that to be the case? >> listen, raising tax owes small businesses is not going to help our economy and it is not going to help those seeking work. there -- i -- came out the day after the election to put revenues on the table, take a step towards the president, to try to resolve this. when is he going to take a step towards us? >> do you see some way you can agree to tax rate increase and protect small businesses at the same time? going with the 37% or some middle ground -- >> there are a lot of things that are possible to put the revenue of the president seeks on the table. none of sit going to be possible. the president -- insists on his position. insist on my way or the highway. that's not the way to get to an agreement that i think is port-au-prince the american people and very important for our economy. thanks. >> there you go. speaker always short and sweet and had that intention of coming out at 11:
, a recent gallop poll show 53%, highest ever, supports same-sex marriage. in the election last month four states voted in favor of same-sex marriage. 33 states in a row previously had voted against it, so the momentum is certainly with supporters of same-sex marriage, but where the court -- how the court responds to public opinion is a complicated and not always entirely predictable subject. >> when are we going to find out how the courts will get involved? >> they don't announce when they are issuing orders in an afternoon. it could be 2:00 eastern. it could be 3:00 eastern. that is generally the range in which we should fine out, so it could be 15 minutes away. it could be an hour or so. or they could put it off for another week. they don't have to announce it in advance when they're going to issue these sorts of things. >> we're standing by. we're waiting to find out. jeff, thanks. >> me too. >> good to see you. >>> how to keep astronauts from being exposed to too much radiation in space. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to
on the ballot, proposition 8, california voted in a close election to overturn same sex marriage. same sex marriage was banned after it was briefly legal. the federal district court had a trial there, and said that law, proposition 8, banning same sex marriage, is unconstitutional. that was affirmed on appeal, that is now appealed to the supreme court and they will now decide whether proposition 8 is constitutional or not. >> when we talk about this as being a historical sort of review, clearly there were different laws passed at the state level. so now it is really up to the federal government to kind of step in and say, okay, this is where we have to come together on our thinking. >> it is up to the united states supreme court. not the federal government. the federal government, the last word they have is the defense of marriage act. and what makes this so significant is that the supreme court has not really engaged with the issue of -- of gay rights since 2003. nine years. that's a long time. the country has changed dramatically in those nine years. there is a new gallup poll out that s
Search Results 0 to 6 of about 7